IDBI Bank has reported results for second quarter ended September 30, 2019.
The bank has reported a net loss of Rs 3458.84 crore for the quarter under review as compared to net loss of Rs 3602.49 crore for the same quarter in the previous year. However, total income of the bank increased by 1.12% at Rs 6231.02 crore for Q2FY20 as compared Rs 6162.14 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a net loss of Rs 3448.88 crore for the quarter under review as compared to net loss of Rs 3573.25 crore for the same quarter in the previous year. However, total income of the bank increased by 0.75% at Rs 6279.71 crore for Q2FY20 as compared Rs 6232.72 crore for the corresponding quarter previous year.
